{"id":9,"date":"2023-05-30T10:35:54","date_gmt":"2023-05-30T10:35:54","guid":{"rendered":"https:\/\/www.paynotax.uk\/?page_id=9"},"modified":"2023-10-06T06:38:31","modified_gmt":"2023-10-06T06:38:31","slug":"home","status":"publish","type":"page","link":"https:\/\/www.paynotax.uk\/","title":{"rendered":"HOME"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Header&#8221; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_stops=&#8221;rgba(15,17,84,0) 0%|#0f1154 97%&#8221; background_color_gradient_overlays_image=&#8221;on&#8221; background_image=&#8221;https:\/\/www.paynotax.uk\/wp-content\/uploads\/2023\/05\/Financial-Firm-11.jpg&#8221; custom_padding=&#8221;10%||||false|false&#8221; locked=&#8221;off&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;94fa2ee4-6b60-4d0b-b837-7f0ceae12b87&#8243; header_font=&#8221;Montserrat|700|||||||&#8221; header_text_color=&#8221;#FFFFFF&#8221; header_font_size=&#8221;125px&#8221; header_line_height=&#8221;110%&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|phone&#8221; header_font_size_tablet=&#8221;40px&#8221; header_font_size_phone=&#8221;24px&#8221; header_font_size_last_edited=&#8221;on|tablet&#8221; header_2_font_size_tablet=&#8221;30px&#8221; header_2_font_size_phone=&#8221;20px&#8221; header_2_font_size_last_edited=&#8221;off|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1>Pay no UK tax on your pensions<\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; admin_label=&#8221;About&#8221; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#0F1154&#8243; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;0px||||false|false&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;7b6dbeca-d8f6-406f-b729-775afda17624&#8243; header_4_font=&#8221;Montserrat|700|||||||&#8221; header_4_text_color=&#8221;#FFFFFF&#8221; header_4_font_size=&#8221;28px&#8221; header_4_line_height=&#8221;1.6em&#8221; custom_margin=&#8221;||0px||false|false&#8221; header_4_font_size_tablet=&#8221;22px&#8221; header_4_font_size_phone=&#8221;16px&#8221; header_4_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ol>\n<li>\n<p><strong>Income Tax<\/strong>: Income tax is levied on your earnings. The rates and thresholds for income tax can change each tax year. Currently (2021\/2022 tax year), there are three tax bands: basic rate (20%), higher rate (40%), and additional rate (45%). The tax-free personal allowance for most individuals is \u00a312,570.<\/p>\n<\/li>\n<li>\n<p><strong>National Insurance Contributions (NICs)<\/strong>: NICs are contributions paid by employees and employers to fund various state benefits. NICs are calculated based on earnings and are generally collected alongside income tax. The rates and thresholds for NICs can also change each tax year.<\/p>\n<\/li>\n<li>\n<p><strong>Value Added Tax (VAT)<\/strong>: VAT is a consumption tax applied to most goods and services in the UK. There are different VAT rates depending on the type of goods or services involved. The standard VAT rate is currently 20%, but some items may be subject to reduced rates (5%) or be exempt from VAT.<\/p>\n<\/li>\n<li>\n<p><strong>Capital Gains Tax (CGT)<\/strong>: CGT is a tax on the profit made when selling or disposing of an asset that has increased in value. There are different CGT rates for individuals depending on their overall income and the type of asset being sold. The rates for CGT can vary, so it&#8217;s important to check the current rates and allowances.<\/p>\n<\/li>\n<li>\n<p><strong>Inheritance Tax (IHT)<\/strong>: IHT is a tax on the estate (money, property, and possessions) of someone who has passed away. In the UK, there&#8217;s generally no inheritance tax to pay if the value of the estate is below the current threshold (\u00a3325,000 for the tax year 2021\/2022). Above this threshold, IHT is generally charged at 40%.<\/p>\n<\/li>\n<li>\n<p><strong>Self-Assessment<\/strong>: If you&#8217;re self-employed, have significant income from savings or investments, or earn income outside of PAYE (Pay As You Earn) employment, you may need to complete a self-assessment tax return. This is an annual process where you report your income, gains, and expenses to calculate your tax liability.<\/p>\n<\/li>\n<\/ol>\n<p>Remember, tax rules and regulations can change, so it&#8217;s crucial to stay up to date with the latest information from HM Revenue and Customs (HMRC) or seek professional advice when dealing with specific tax situations.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.paynotax.uk\/wp-content\/uploads\/2023\/05\/Financial-Firm-12b.jpg&#8221; title_text=&#8221;Financial Firm 12b&#8221; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.paynotax.uk\/wp-content\/uploads\/2023\/05\/Financial-Firm-13b.jpg&#8221; title_text=&#8221;Financial Firm 13b&#8221; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;About&#8221; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#FFFFFF&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;2_5,3_5&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;50px||50px|60px|true|false&#8221; custom_padding_tablet=&#8221;|||30px|true|false&#8221; custom_padding_phone=&#8221;|||20px|true|false&#8221; box_shadow_style=&#8221;preset4&#8243; box_shadow_horizontal=&#8221;-40vw&#8221; box_shadow_vertical=&#8221;0px&#8221; box_shadow_color=&#8221;#0F1154&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;89e8f159-669b-4873-a528-8be274fa7efc&#8221; header_2_text_color=&#8221;#1D4EFF&#8221; header_4_font=&#8221;Montserrat|700||on|||||&#8221; header_4_text_color=&#8221;#0F1154&#8243; header_4_font_size=&#8221;16px&#8221; header_4_letter_spacing=&#8221;5px&#8221; header_4_line_height=&#8221;1.6em&#8221; custom_margin=&#8221;||30px||false|false&#8221; header_4_font_size_tablet=&#8221;14px&#8221; header_4_font_size_phone=&#8221;12px&#8221; header_4_font_size_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_text][et_pb_text _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;44e52539-cead-43e5-bd57-eb8d3d608b93&#8243; header_2_font=&#8221;Montserrat|700|||||||&#8221; header_2_text_color=&#8221;#1D4EFF&#8221; header_2_font_size=&#8221;60px&#8221; header_2_line_height=&#8221;120%&#8221; header_4_font_size=&#8221;16px&#8221; header_4_letter_spacing=&#8221;5px&#8221; custom_margin=&#8221;||30px||false|false&#8221; header_2_font_size_tablet=&#8221;30px&#8221; header_2_font_size_phone=&#8221;20px&#8221; header_2_font_size_last_edited=&#8221;on|tablet&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Our Approach<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;596f4725-1c36-45b8-8f21-69157f74cf89&#8243; text_font=&#8221;Roboto|500|||||||&#8221; text_text_color=&#8221;#000000&#8243; text_font_size=&#8221;18px&#8221; text_line_height=&#8221;180%&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>If you live outside the UK permanently we can arrange that you legally pay no tax on your UK-based pensions.<\/p>\n<p>This includes both your state pension and any private pensions.<\/p>\n<p>Included in the fee of \u00a3150 we will also assist you in getting a refund of tax paid on your pensions whilst living outside the\u00a0 UK going back five years.<\/p>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Testimonial&#8221; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][et_pb_column _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><em><strong>Services supplied by: Ryder\u2010Bayes Accounting Ltd<\/strong><\/em><br \/><em><strong>Registered in England and Wales No. 15011571<\/strong><\/em><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Contact&#8221; _builder_version=&#8221;4.16.0&#8243; _module_preset=&#8221;default&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_direction=&#8221;90deg&#8221; background_color_gradient_stops=&#8221;#f0f3fb 0%|#f0f3fb 50%|#ffffff 50%|#ffffff 100%&#8221; custom_padding=&#8221;||0px||false|false&#8221; background_last_edited=&#8221;on|phone&#8221; use_background_color_gradient_phone=&#8221;on&#8221; background_color_gradient_stops_phone=&#8221;#f0f3fb 0%|#f0f3fb 90%|#ffffff 90%|#ffffff 100%&#8221; 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The rates and thresholds for income tax can change each tax year. Currently (2021\/2022 tax year), there are three tax bands: basic rate (20%), higher rate (40%), and additional rate (45%). The tax-free personal allowance for most individuals is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-9","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.paynotax.uk\/index.php\/wp-json\/wp\/v2\/pages\/9","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paynotax.uk\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.paynotax.uk\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.paynotax.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paynotax.uk\/index.php\/wp-json\/wp\/v2\/comments?post=9"}],"version-history":[{"count":18,"href":"https:\/\/www.paynotax.uk\/index.php\/wp-json\/wp\/v2\/pages\/9\/revisions"}],"predecessor-version":[{"id":84,"href":"https:\/\/www.paynotax.uk\/index.php\/wp-json\/wp\/v2\/pages\/9\/revisions\/84"}],"wp:attachment":[{"href":"https:\/\/www.paynotax.uk\/index.php\/wp-json\/wp\/v2\/media?parent=9"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}